🟢 Navitas Semiconductor is trading 4.8% up today as chip sector rebounds on AI optimism

Navitas Semiconductor is trading at $12.09 (+4.8%) in pre-market, extending Monday’s rebound alongside broad strength in semiconductor stocks.

• The move is driven by a sector-wide rally and renewed optimism for AI infrastructure following last week's steep sell-off in semiconductor plays.
• Sentiment remains supported by recent coverage of Nvidia-related collaborations and prior positive sector commentary from JPMorgan.
• There are no fresh company-specific headlines overnight, with the price action primarily tracking the broader recovery across the chip sector.